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SEC Chief Admits Shortcomings In Investor Protections
SEC Chairman William J Casey acknowledged budget limits and staff shortages hinder timely disclosure by insiders and the handling of about $7 billion in new stock investments yearly. He cited delayed information and rising complaints, calling for 230 more staff and $5.5 million pending congressional approval.
MENTIONED IN THIS ARTICLE
Washington
UPI
Securities and Exchange Commission
Wiliam J Casey
Commission
SEC
Casey
U.S. News & World Report
Vst